Finding a Timeshare Resale Company

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Timeshare Resale CompaniesRecently we received the following message from a distraught timeshare owner trying to get rid of an unwanted timeshare they can no longer pay for:

"I have not been able to find an honest timeshare resale company; have tried for several years. I am considering allowing it to go into default and foreclosure. I do not want it, and cannot afford to keep paying the mortgage.

The resort is unwilling to at least renegotiate the monthly payments, or do anything to help me. I... Read the rest of this entry »

Donating Timeshare to a Non-Profit

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A reader who is affiliated with a non-profit organization shares their experience with accepting timeshare as a donation.

This is an important read for any timeshare owner, and provides a great deal of insight into issues surrounding increasing maintenance fees and stopping payment.

"I am affiliated with a non-profit organization. We received a timeshare donation week from an individual, not truly knowing what we were getting into.

Our first year the maintenance fees were increased by 20% without our consent. We reluctantly paid the bill, and one of our board members enjoyed the vacation week.

The... Read the rest of this entry »

Pros and Cons of Using a Timeshare Broker

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Disadvantages to Timeshare BrokerageIf you're reading this page you've probably been through all the information you can take regarding how to sell a timeshare on your own. Truth be told, it's difficult, if not impossible, to sell a timeshare.

If you've tried gifting, donation, reselling on timeshare forums, eBay, Craigslist and word of mouth you are probably fed up with the lack of response you've received thus far. Using a broker to help sell your timeshare can be one way to rid yourself of an unwanted... Read the rest of this entry »